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Irish Consumer Prices Fall Most for 5 Years
Ireland's consumer prices fell 0.5 percent from a year earlier in May 2020, the largest decline since April 2015 amid the coronavirus crisis. The divisions which caused the largest downward contribution to the CPI in the year were housing, water, electricity, gas & other fuels, transport, clothing & footwear and furnishings, household equipment & routine household maintenance.
Published on 2020-06-11

Irish Consumer Prices Fall for 1st time in 2 Years
Consumer prices in Ireland fell 0.1 percent year-on-year in April 2020, following a 0.7 percent rise in the previous month. It was the first decline in consumer prices since April 2018, amid the impact of the coronavirus outbreak and lower global oil prices. Cost dropped for transport (-0.4 percent vs 1.8 percent in March) and housing & utilities (-1.2 percent vs 1.6 percent). In addition, prices fell further for furnishings & household equipment (-3.1 percent vs -2.4 percent), and clothing & footwear (-3.9 percent vs -0.9 percent). On the other hand, cost decreased at a softer pace for food & non-alcoholic beverages (-1.2 percent vs -1.6 percent) and communications (-8 percent vs -8.6 percent). On a monthly basis, consumer prices went down 0.4 percent, after rising 0.4 percent in the prior month.
Published on 2020-05-14

Irish March Inflation Rate at 5-Month Low of 0.7%
The annual inflation rate in Ireland eased to 0.7 percent in March of 2020 from 1.1 percent in the previous month, amid the impact of the pandemic coronavirus and lower global oil prices. This was the lowest inflation rate since last October, as prices slowed mostly for housing & utilities (1.6 percent vs 2.9 percent in February); transport (1.8 percent vs 3 percent), namely fuels & lubricants (2.3 percent vs 6.7 percent) and restaurants & hotels (0.9 percent vs 1.3 percent). In addition, costs fell for food & non-alcoholic beverages (-1.6 percent vs -1 percent) and clothing & footwear (-0.9 percent vs -1 percent). On a monthly basis, consumer prices went up 0.4 percent, down from a 0.6 percent increase in the prior month.
Published on 2020-04-09

Irish Inflation Rate at 1.1% in February
Ireland's annual inflation rate eased to 1.1 percent in February 2020 from 1.3 percent in the previous month. The divisions which caused the largest upward contribution to the CPI were: transport (3.0 percent vs 3.1 percent), primarily due to higher prices for petrol and diesel, an increase in the price of motor cars and a rise in air fares; housing & utilities (2.9 percent vs 3.5 percent), mainly due to higher rents and mortgage interest repayments in addition to an increase in the cost of electricity; restaurants & hotels (1.3 percent vs 1.4 percent), primarily due to higher prices for alcoholic drinks and food consumed in licensed premises, restaurants, cafes etc. and an increase in the cost of hotel accommodation; and miscellaneous goods & services (1.3 percent vs 1.1 percent) on the back of higher health insurance premiums and an increase in the cost of childcare services. On a monthly basis, consumer prices rose 0.6 percent, after a 0.7 percent fall in January.
Published on 2020-03-12

Ireland Inflation Rate Steady at 9-Month High of 1.3%
The annual inflation rate in Ireland came in at 1.3 percent in January 2020, the same as in the previous month, and the highest since April. Cost advanced faster for housing & utilities (3.5 percent from 3.3 percent in December); transport (3.1 percent from 2.3 percent); recreation & culture (2.0 percent from 1.6 percent) and alcoholic beverages & tobacco (3.8 percent from 3.1 percent). On the other hand, prices slowed for restaurant & hotels (1.4 percent from 2.6 percent); miscellaneous goods & services (1.1 percent from 1.3 percent) and health (1.0 percent from 1.1 percent). Meantime, prices rebounded for clothing & footwear (1.2 percent from -1.3 percent) while those of food & non-alcoholic beverages (-1.1 percent from -0.9 percent); furniture & household equipment (-2.7 percent from -2.5 percent) and communication (-10.6 percent from -8.8 percent) fell further. On a monthly basis, consumer prices decreased 0.7 percent, down from a 0.2 percent gain in December.
Published on 2020-02-20

Irish December Inflation Rate at 8-Month High of 1.3%
The annual inflation rate in Ireland rose to 1.3 percent in December 2019 from 1.1 percent in the previous month. It was the highest inflation rate since last April. Main upward pressure came from prices of housing & utilities (3.3 percent vs 3.1 percent in November); restaurants & hotels (2.6 percent vs 2.9 percent); transport (2.3 percent vs 0.3 percent); alcoholic beverages & tobacco (3.1 percent vs 2.5 percent) and health (1 percent vs 0.6 percent). At the same time, inflation was steady for education (at 4.1 percent) and recreation & culture (at 1.6 percent). In contrast, cost declined for food & non-alcoholic beverages (-0.9 percent vs -1 percent); communications (-8.8 percent vs -7.3 percent); furnishings (-2.5 percent vs -2.2 percent) and clothing & footwear (-1.3 percent vs -1.1 percent). On a monthly basis, consumer prices went up 0.2 percent, after decreasing 0.1 percent in the previous month.
Published on 2020-01-16

Ireland Inflation Rate Climbs to 5-Month High of 1.1%
The annual inflation rate in Ireland increased to 1.1 percent in November 2019 from 0.7 percent in the previous month. It was the highest inflation since June. The largest upward contribution to the CPI came from restaurants & hotels; housing, water, electricity, gas & other fuels; miscellaneous goods & services and alcoholic beverages & tobacco.
Published on 2019-12-12

Irish Inflation Rate Eases to 0.7% in October
Ireland's consumer price inflation slowed to 0.7 percent year-on-year in October 2019 from a three-month high of 0.9 percent in the previous month. The largest upward contribution to the CPI came from restaurants & hotels, housing & utilities, alcoholic beverages & tobacco, and miscellaneous goods & services. Conversely, declines were seen in cost of communications, transport, food & non-alcoholic beverages, and clothing & footwear. Annual core inflation, which excludes energy and unprocessed food, picked up to 1.1 percent from 1.0 percent. On a monthly basis, consumer prices dropped 0.3 percent in October, following a 0.2 percent fall in September.
Published on 2019-11-07

Ireland September Inflation Rate Rises to 0.9%
Ireland's annual inflation rate rose to 0.9 percent in September 2019 from 0.7 percent in the previous month, driven by higher prices of housing & utilities, restaurants & hotels, and recreation & culture. On a monthly basis, consumer prices fell 0.2 percent, after rising 0.5 percent in August.
Published on 2019-10-10

Irish Inflation Rate Rises to 0.7% in August
Ireland's consumer price inflation picked up to 0.7 percent year-on-year in August 2019 from a year low of 0.5 percent in the previous month, boosted by increases in prices of housing & utilities, restaurants & hotels, alcoholic beverages & tobacco and miscellaneous goods & services.
Published on 2019-09-12

Irish Inflation Rate at Over 1-Year Low
Ireland's annual inflation rate dropped to 0.5 percent in July 2019 from 1.1 percent in the previous month. That was the lowest rate since June 2018 as prices rose at softer pace for restaurants & hotels and alcoholic beverages & tobacco, while cost declined for communications, transport, furnishings, household equipment & routine household maintenance and clothing & footwear.
Published on 2019-08-08

Irish Inflation Rate Rises to 1.1% in June
Ireland's annual inflation rate picked up to 1.1 percent in June of 2019 from a three-month low of 1 percent in the previous month, mainly boosted by increases in prices of housing & utilities, alcoholic beverages & tobacco, restaurants & hotels and education.
Published on 2019-07-10

Irish Inflation Rate Hits 3-Month Low of 1% in May
The annual inflation rate in Ireland fell to 1.0 percent in May of 2019 from 1.7 percent in the previous month. It was the lowest inflation rate since February, as prices slowed mostly for housing & utilities, transport and restaurants & hotels.
Published on 2019-06-13

Irish April Inflation Rate at Near 7-Year High of 1.7%
The annual inflation rate in Ireland jumped to 1.7 percent in April of 2019 from 1.1 percent in the previous month. It was the highest inflation rate since August of 2012, boosted by higher prices of transport, housing & utilities and restaurant & hotels. On a monthly basis, consumer prices went up 0.4 percent, after a 0.8 percent gain in the prior month. Annual core inflation, which excludes energy and unprocessed food, went up to 1.4 percent in April from 0.9 percent in March. The harmonised index of consumer prices rose by 1.7 percent from the previous year; and increased by 0.4 percent from the previous month.
Published on 2019-05-09

Irish March Inflation Rate at 6-Year High of 1.1%
The annual inflation rate in Ireland increased to 1.1 percent in March of 2019 from 0.6 percent in the previous month. It was the highest inflation rate since February of 2013, mainly due higher prices of housing & utilities; restaurant & hotels and alcoholic beverages & tobacco. On a monthly basis, consumer prices went up 0.8 percent, the same as in the previous month. The harmonised index of consumer prices rose by 1.1 percent from the previous year; and increased by 0.8 percent from the previous month.
Published on 2019-04-11

Irish February Inflation Rate Slows to 3-Month Low of 0.6%
Annual inflation rate in Ireland decreased to 0.6 percent in February of 2019 from 0.7 percent in each of the previous two months. It was the lowest inflation rate since November, as cost slowed for housing & utilities and restaurant & hotels. On a monthly basis, consumer prices rose 0.8 percent, after a 0.7 percent fall in January. The harmonised index of consumer prices rose by 0.7 percent from the previous year; and increased by 0.8 percent from the previous month.
Published on 2019-03-14

Irish Inflation Rate Unchanged at 0.7% in January
Ireland’s annual inflation rate came in at 0.7 percent in January of 2019, the same as in the previous month. On a monthly basis, consumer prices fell 0.7 percent, after showing no growth in December. The harmonised index of consumer prices rose by 0.8 percent from the previous year; and fell by 0.7 percent from the previous month.
Published on 2019-02-14

Irish Inflation Rate Rises to 0.7% in December
Ireland's annual inflation rate picked up to 0.7 percent in December 2018 from a five-month low of 0.6 percent in the previous month, mainly boosted by increases in prices of housing & utilities, restaurants & hotels and alcoholic beverages & tobacco. Annual core inflation, which excludes energy and unprocessed food, picked up to 0.3 percent from 0.1 percent in November. On a monthly basis, consumer prices were unchanged in December, after a 0.5 percent fall in the previous month. The harmonised index of consumer prices rose by 0.8 percent from the previous year; and fell by 0.1 percent from the previous month.
Published on 2019-01-15

Irish November Inflation Rate Hits 5-Month Low of 0.6%
Irish annual inflation rate dropped to 0.6 percent in November 2018 from 0.9 percent in the previous month. It is the lowest inflation rate since June, as prices slowed mostly for housing & utilities and transport.
Published on 2018-12-13

Irish Inflation Rate Unchanged at 1-1/2-Year High
Irish consumer price inflation came in at 0.9 percent in the year to October 2018, unchanged from the previous month's one-and-a-half-year high, on the back of rising prices of housing & utilities, transport and restaurants & hotels. Annual core inflation, which excludes energy and unprocessed food, eased to 0.1 percent in October from 0.3 percent in September. On a monthly basis, consumer prices edged down 0.1 percent in October, after a 0.4 percent fall in September.
Published on 2018-11-08